Sponsored Accounts

Sponsored Accounts:

Sponsored Account Information

The information provided is for students and sponsoring agencies authorized to pay educational expenses. To ensure all Sponsored billing request are processed in a timely manner Lane Community College has established the following guidelines. Please read carefully and review with your clients and staff who deal with any aspect of sponsored authorizations or payments. The information below will provide the definition, benefits, requirements, forms, bookstore charges, student rights and responsibilities.

Definition:

A sponsored student is a student for whom a business or agency has initiated a contract with Lane Community College on behalf of the student to be billed for the student's educational expenses.

Benefits:

A billing statement is generated to the agency for all sponsored students.

Helpful Links:

Sponsor Requirements:

A completed authorization form must be received in the Sponsored Accounts office by the end of the first week of the term that the student is attending, to prevent late fees from being assessed to the student's account. Sponsored students will be responsible for all late fees if the contract has not been loaded at the point that late fees are assessed.

All required information must be completed and included on these forms

Bookstore charges:

Students may charge authorized bookstore items to their sponsored accounts through the Friday of the fourth week of the term. Student must checkout at the Agency Desk in the bookstore to facilitate proper coding of charges. Otherwise, the student will be responsible for the charges. This ensures an itemized receipt. It is the student's responsibility to provide this receipt to the sponsoring agency.

Student Responsibilities:

Check myLane/ExpressLane account weekly. If student receives a billing notice, notify the sponsoring agency immediately for a modification to authorization. If the authorization is not received prior to the student charging and the College's statement process has billed the student for incurred charges and accessed finance charges it is the student's responsibility to pay fees.

Ensure Lane has received the Sponsored authorization before first student billing date.

Provide the sponsor with information that will result in additional charges being authorized that were not previously covered by the authorization.

Provide if required by Sponsors agency an itemization from Lane Bookstore receipt of charges.

Check myLane/ExpressLane for account information

Disclosures:

Lane is unable to accept authorizations if payment is contingent upon monitoring the following:

Enrollment

Satisfactory Academic Performance

Attendance

Purchase of a specific textbook or supply items

Financial Aid awards status

Successful completion of class

If these conditions are a requirement then another means of payment between the students and sponsor will need to be evaluated. Sponsoring agencies are billed at the end of the term. Bills are due upon receipt. Delinquency of payment may result in refusal of service.

Agency bills will include a third party processing fee of $20.00 per student per term.